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The entities that sponsored it, CIC Digital and Fight Fight Fight, earn fees from the so-called liquidity they send to the platform to support trading of the memecoin, Tarun Chitra, CEO of Gauntlet, said in an interview.

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​​When an index falls more than 20% from its 52-week high, it is considered to be in a bear market. The Sensex and Nifty are down nearly 13% from their highs.

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The dollar index strengthened to 107.87 on Tuesday, after it had fallen to 106.96 the previous day, hurt by the selloff in US technology stocks.

Private sector CSB Bank has reported net profit of Rs 152 crore for the third quarter, as against Rs 150 crore in the year ago period while it faced pressure on margin due to higher cost of funds.

Home First Finance is planning to raise Rs 1250 crore by selling shares to institutional investors to grow its loan portfolio and asset base, the company announced Tuesday.

Chennai-based TVS Motor Company Tuesday reported a 4.2% year-on-year increase in standalone net profit for the December quarter at Rs 618 crore, driven by better volumes and operational efficiency.

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Piramal Pharma on Tuesday reported net profit of Rs 4 crore in Q3FY25.

Bajaj Auto’s standalone net profit rose for the December quarter but lagged market estimates, as sales of the company’s two-wheelers and commercial vehicles declined in the domestic market amid weak demand and a slowing economy.

Suzlon Energy Q3 net profit up 91% to Rs 387 crore

Updated at : 2025-01-28 21:20:02

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Wind energy major Suzlon Energy reported a 91% increase in consolidated net profit driven by volume and margin expansion on Tuesday.

State-run Mahanagar Gas Ltd (MGL) on Tuesday reported a 30% fall in net profit for the third quarter. A reduction in gas allocation under the administered price mechanism (APM) hurt profitability.

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